2 Walnut Ln, Hope Twp., NJ 07844 | MLS 3881460 | Listing Information | Berkshire Hathaway HomeServices Jordan Baris Realty | Berkshire Hathaway HomeServices Jordan Baris Realty
FOR SALE
$399,000  

2 Walnut Ln
Hope Twp., NJ 07844

Other
Commercial
4,352
Sq. Ft.
0.37
Acres Lot
Courtesy: RE/MAX TOWN & VALLEY II
Introducing the Hope Long House, a remarkable investment in the heart of the historic Village of Hope! This fully rented 4-unit commercial building boasts a substantial gross annual income of $58,608. Steeped in history, the Long House has roots dating back to the 1770s when it was originally inhabited by the Moravians. Throughout the years, it has served various purposes, from a confectionary shop to a tinsmith, stove store, post office, residential units, antique stores, and a furniture store. Today, it proudly hosts a retail operation, a health/wellness center, and two commercial offices. Recent renovations, backed by grants totaling over $500,000, have revitalized the building. Upgrades include newer roofing, siding, and interiors, ensuring a modern and appealing space. The property is equipped with a modern septic system and features convenient off-street parking. Strategically located just minutes from Route 80 at Exit 12 and a mere hour from NYC, this investment opportunity offers both historical charm and practical convenience. With potential for a solid 9% ROI, you can capitalize on this chance to own a piece of history. The Long House is not just a lucrative property; it's a significant part of the community in a charming town that hosts events throughout the year. This sale includes the building and property, excluding the businesses currently operating within. Don't miss out on the chance to be the proud owner of the Long House, where history meets profitability!
3881460
Other, 2 Story
Warren
1775
0.37 Acres
Shared Well
2
Wood Siding
Septic Tank
4,352 Sq. Ft.
Cable Available
4 Total
Interior Features
Flooring
Vinyl, Wood
Cooling
Central Air
Heating
Electric Heating, Propane. .
Basement
Partial
Security
Smoke Detector(s)
Exterior / Lot Features
Parking
4 Parking Spaces. Off Street, On Street.
Roof
Wood Shingle, Slate
Zoning
HMH
Additional Exterior/Lot Features
Corner Lot.
Community Features
Security Features
Smoke Detector(s)
Complex Features
Smoke Detector(s)
Financial Considerations
Fee Simple
3011-02400-0000-00400-0000-
$9,939
Courtesy: RE/MAX TOWN & VALLEY II
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